NUF 1.77% $4.61 nufarm limited

Morgan Stanley lifted PT to $5.20, page-19

  1. 456 Posts.
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    All set for break-into $6s.

    Improved agri product demand, high crop prices, improved seasonal conditions for farming, opening up of logistics channels. Quick calculation on fundamentals points to 30-40% YoY growth for next 3years. That would put SP into high$8s to low$9s.

    Technicals, all bullish pointers.

    I will keep accumulating any short dip below $5.
 
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